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REGISTERED NUMBER: 11634249 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

LFH REGULATORY LIMITED

LFH REGULATORY LIMITED (REGISTERED NUMBER: 11634249)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LFH REGULATORY LIMITED

COMPANY INFORMATION
for the year ended 31 May 2023







DIRECTOR: Mrs L J Friedl-Hirst





REGISTERED OFFICE: 25-29 Sandy Way
Yeadon
Leeds
LS19 7EW





REGISTERED NUMBER: 11634249 (England and Wales)





ACCOUNTANTS: J S White & Co Limited
25-29 Sandy Way
Yeadon
Leeds
LS19 7EW

LFH REGULATORY LIMITED (REGISTERED NUMBER: 11634249)

BALANCE SHEET
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,308 7,701

CURRENT ASSETS
Debtors 5 63,677 31,905
Cash at bank 76,910 39,499
140,587 71,404
CREDITORS
Amounts falling due within one year 6 69,287 56,738
NET CURRENT ASSETS 71,300 14,666
TOTAL ASSETS LESS CURRENT
LIABILITIES

137,608

22,367

CREDITORS
Amounts falling due after more than one
year

7

49,786

-
NET ASSETS 87,822 22,367

CAPITAL AND RESERVES
Called up share capital 2 1
Retained earnings 87,820 22,366
87,822 22,367

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

LFH REGULATORY LIMITED (REGISTERED NUMBER: 11634249)

BALANCE SHEET - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 February 2024 and were signed by:





Mrs L J Friedl-Hirst - Director


LFH REGULATORY LIMITED (REGISTERED NUMBER: 11634249)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2023

1. STATUTORY INFORMATION

Lfh Regulatory Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

LFH REGULATORY LIMITED (REGISTERED NUMBER: 11634249)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2022 10,304 - - 10,304
Additions 9,048 67,165 2,532 78,745
At 31 May 2023 19,352 67,165 2,532 89,049
DEPRECIATION
At 1 June 2022 2,603 - - 2,603
Charge for year 2,512 16,791 835 20,138
At 31 May 2023 5,115 16,791 835 22,741
NET BOOK VALUE
At 31 May 2023 14,237 50,374 1,697 66,308
At 31 May 2022 7,701 - - 7,701

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 53,014 31,905
Other debtors 10,663 -
63,677 31,905

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 7,488 -
Trade creditors 14,911 30,662
Taxation and social security 36,723 21,690
Other creditors 10,165 4,386
69,287 56,738

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 49,786 -